Seguro de depósitos FDIC até 250 000 $ por depositante por banco segurado e por categoria de propriedade. Para bancos autorizados, a cobertura é direta. Para fintechs que operam ao abrigo de um modelo de banco parceiro (BaaS), a cobertura é "pass-through" (por transparência) e aplica-se ao banco parceiro, não à fintech.
Importante. Este produto é oferecido através de um modelo de banco parceiro (BaaS). Os depósitos dos clientes são mantidos em Sutton Bank and Wells Fargo Bank, N.A., segurados pela FDIC até 250 000 $ por depositante em pass-through. A fintech em si NÃO é um banco autorizado e NÃO está separadamente segurada pela FDIC — verifique o certificado FDIC do banco parceiro através do BankFind antes de confiar na cobertura.
Fonte primária: https://banks.data.fdic.gov/bankfind-suite/bankfind
Block, Inc., not a bank
Cash App is a product of Block, Inc. (NYSE: SQ) — the same parent that owns Square. Block is a public-company fintech, not a chartered bank. Cash App's banking-style features are delivered through partner banks under a BaaS model.
Four products, four protection regimes
The Cash App surface looks unified inside the app, but it spans four legally distinct product types. Treating them all as one balance is the most common safety mistake:
- Cash App balance. Held at FDIC-insured partner banks via pass-through; covered to $250,000 per depositor per partner bank, current as of editorial verification on 2026-04-29.
- Cash App Card. A Visa debit card issued by Sutton Bank. Spending pulls from your Cash App balance — same FDIC protection as the balance itself.
- Cash App Investing. Stock and ETF holdings via Cash App Investing LLC, a Member FINRA / SIPC broker-dealer. Not FDIC. SIPC protects against broker-dealer failure, not market loss.
- Bitcoin. Custodied by a Block affiliate. Not FDIC, not SIPC. If Cash App's crypto custody fails, the recovery path is contract and bankruptcy law — not deposit insurance.
FDIC pass-through scope
For the cash balance only, FDIC pass-through applies to $250,000 per depositor per partner bank, subject to the standard custodial-account record-keeping requirements. Per the Cash App Terms of Service, balances may be held at Sutton Bank or Wells Fargo Bank, N.A. — verify both certificates via the FDIC's BankFind Suite before sizing exposure. As with any partner-bank fintech, the $250,000 ceiling aggregates across other fintechs that share the same sponsor bank.
2023 outage and ongoing fraud-dispute concerns
Cash App had a high-profile multi-day outage in 2023 that left customers unable to send or receive funds; deposits were never at risk, but the scale of the disruption highlighted the operational fragility of consumer fintechs without a bank charter. Independent of that, Cash App has been the subject of persistent regulatory and consumer-complaint attention over fraud-dispute handling and Reg E response timeliness — a workflow issue, not a deposit-protection one, but worth knowing if you treat Cash App as your primary checking surface.
Verdict
For the cash balance and Cash App Card, FDIC coverage is real and sufficient for typical consumer balances. For Bitcoin and stocks, the protection regime is entirely different — don't treat them as bank deposits. The most underrated risk is the dispute-handling track record, not the FDIC mechanic.
A cobertura FDIC por transparência (pass-through) aplica-se por banco parceiro, não por fintech. Se mantiver fundos em várias fintechs tipo Chime que partilham o mesmo banco parceiro, o seu limite FDIC de 250 000 $ é agregado entre esses saldos. As detenções em cripto, o numerário de corretagem a aguardar investimento e as linhas de proteção contra descobertos NÃO estão segurados pela FDIC — verifique o tipo de produto antes de assumir cobertura. O Reg E confere direitos de responsabilidade limitada por transferências eletrónicas não autorizadas comunicadas dentro do prazo legal.